Intel Shares Rise 2.6% - Still a Buy?

Analysts weigh in on the chipmaker's latest stock performance and outlook.

Mar. 10, 2026 at 9:36pm

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Intel Corporation's (NASDAQ:INTC) share price rose 2.6% during mid-day trading on Tuesday, reaching as high as $47.88 before closing at $46.78. The company saw a decline in trading volume compared to the average session. Analysts have provided a range of price targets and ratings on Intel, with some upgrading the stock to a 'hold' rating and raising the price target, while others have lowered their targets.

Why it matters

Intel is a bellwether in the semiconductor industry, and its stock performance and analyst sentiment can provide insights into the broader technology sector. The company's ability to navigate market challenges and maintain its competitive edge is closely watched by investors.

The details

Intel saw its share price rise 2.6% on Tuesday, with the stock trading as high as $47.88 before closing at $46.78. Trading volume was down 25% from the average session. Analysts have provided a range of views on the stock, with HSBC upgrading Intel from 'reduce' to 'hold' and raising the price target to $50, while Citigroup decreased its target from $50 to $48. Other analysts have set price targets ranging from $45 to $54 for the stock.

  • Intel's share price rose 2.6% during mid-day trading on Tuesday, March 10, 2026.

The players

Intel Corporation

A leading global designer and manufacturer of semiconductor products, including processors and chipsets for a wide range of computing applications.

HSBC

A multinational banking and financial services company that recently upgraded Intel's rating from 'reduce' to 'hold' and raised the price target.

Citigroup

A global financial services company that decreased its price target for Intel from $50 to $48.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Intel's stock performance and analyst sentiment reflect the ongoing challenges and opportunities in the semiconductor industry. While some analysts see potential upside, others remain cautious, highlighting the need for the company to maintain its competitive edge and navigate market dynamics effectively.